Money and Finance
Arithmetic, Population, & Energy and The Crash Course
In Jeremy Grantham's 2nd Quarter Letter, he mentioned the fact that "....population growth is on a direct collision course with increasingly scarce resources." And near the end of his letter he wrote:
Well, dear readers, happy thoughts and wishful thinking do not make it so; 30 precious years have passed, and there is now no safety margin. We must prepare ourselves for waves of higher resource prices and periods of shortages unlike anything we have faced outside of wartime conditions. In fact, I believe we are already several years into this painful transition but are still mostly invested in denying it. Everything within the investment business will be affected as well as everything outside of the business.
He also made three recommendations for reading and listening to learn more about the subject. I finally finished the two video recommendations (why I took so long, I do not know), and I think they are very important things for both investors and non-investors to watch. So here are the links to the videos and the book recommendation (which is also one of Charlie Munger's book recommendations):
Video: Arithmetic, Population, & Energy (Part 1 of 8) [there is a link to the next part below each video]
Video: The Crash Course
Book: Living within Limits: Ecology, Economics, and Population Taboos
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Related site: albartlett.org
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Links
ZUCK'S NOT ALONE: HERE ARE LETTERS WRITTEN BY OTHER MOGULS TO THEIR KIDS [H/T Linc] (LINK) Nice write-ups on the 3G Culture [H/T Linc] (Part 1, Part 2) Related book: DREAM BIGBottom Keeps Falling for Energy-Debt Investors (LINK) Elon Musk:...
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The Problems With A Growing Population
Albert Bartlett might have been another obscure physics professor had he not put together a now famous lecture entitled "Arithmetic, Population and Energy" in 1969. The lecture, available broadly on the internet, begins with the line: "The greatest shortcoming...
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Quote On The Life Sciences Industry
From the book Cracking the Code: Understand and Profit from the Biotech Revolution That Will Transform Our Lives and Generate Fortunes: “Many industries will be disrupted by the wave of advances in life sciences. Genome sequencing will, despite ethical...
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Miguel Barbosa’s Interview With Albert Bartlett
Link to:Miguel Barbosa’s Interview with Albert Bartlett:“Arithmetic, Population, and Energy” – Puzzling Growth Rates………………..Related previous post: Arithmetic, Population, & Energy and The Crash Course
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Chris Martenson: The Crash Course In 45 Minutes (or Less)
To commemorate our one-year anniversary, I'm pleased to announce that I am posting a free, condensed, 45-minute version of the Crash Course for your viewing enjoyment. The presentation it contains is part of a public talk delivered in Boulder, Colorado,...
Money and Finance